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Up-and-coming Global Markets Exchange Group has gained an investor: Deutsche Boerse. The German exchange operator has taken a minority stake in the London company, which plans to launch electronic exchanges in foreign exchange, derivatives, commodities, debt and equities.

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Hong Kong must do more to become a hub for the development of blockchain technology by establishing a regulatory environment that encourages innovation, said Dusan Stojanovic, founder of True Global Ventures. The efforts under way by Hong Kong's regulators are "too late and too small," he told participants at a financial-technology conference.

Banks will remain a critical part of financial services, despite rising competition from startups, says investor J. Christopher Flowers of private equity firm J.C. Flowers & Co. While fin-tech companies have had success in providing services such as payment processing, traditional banks will continue to be needed, he says. He warns that the fast-growth model that startups tend to seek usually leads to losses.

Starboard Value, which holds an 8% equity stake in TriQuint Semiconductor, says the chipmaker should look at selling or restructuring its mobile power amplifier line to focus on its business in chips for the military and for networks. Starboard also advocates the closing of TriQuint's wafer fabrication facility in Oregon and outsourcing more of its production to foundries. TriQuint has not commented on the suggested moves.

U.K. High Court Judge Henry Eder has rejected an application from Banca Monte dei Paschi di Siena to delay court proceedings regarding a derivatives dispute with Nomura Holdings. The deal includes a provision that any dispute be heard in England, but Monte Paschi wants the case argued in Italy.

Bill Hwang, CEO of Tiger Asia Asset Management and one of the leading hedge fund investors in Asia, said poor corporate governance leaves a company vulnerable to short-selling. "We have found in Asia independent directors becoming multi-millionaires through stock options," Hwang said in citing examples of bad governance.